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Verizon Settles ETF Suit, Will Pay $21M

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21Million to VZW is like a penny from a bum.

info411

Jul 6, 2010, 9:41 PM
Most of that money is chump change. Instead of the money the lawsuit should have changed "how" those ETF policies are negotiated or prorated. VZW didn't want to deal with lawyer fees so its cheaper to pay it off.. So next time someone can't sue for the same thing hence they paid a 21M for a "Get Out of Free ETF Card" All they can do now is refer to this case.
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